Crypto Payment Platform Shuts Down Due to Issues In Banking System

Crypto Payment Platform Shuts Down Due to Issues In Banking System


Bitcoinist
2023-03-21 20:00:02

The crypto space has seen several shocking incidents recently. There have been enforcement actions, crypto hacks, and the sudden closure of 3 crypto-friendly banks; Silvergate, Silicon Valley, and Signature. A new incident has once again shocked the industry as a crypto payment processor SpankPay, announced that it is shutting down its services. The parent firm